John McCain does not want Obama to fail

After a losing presidential campaign in 2000, John McCain came back to the Senate and established himself as a force no White House could ignore. Eight years later, he’s home from defeat again, facing a very different landscape dominated by President Barack Obama and the collapsing American economy.

From Afghanistan and Iraq to military procurement reform, McCain tells POLITICO he is already working with Obama. Last week alone, he had breakfast with Defense Secretary Robert Gates, appeared with the president at a White House press event and took a phone call from Vice President Joe Biden soliciting McCain’s input on how to crack down on pork barrel spending.

“These are terrible, perilous times, so I will seek ways to work with the president of the United States,” McCain says in an interview. “I don’t want him to fail in his mission of restoring our economy.”

But there’s the rub: On the central issue of the economy, the two men are so far apart it is difficult to see them collaborating effectively.

Until they are, it’s harder for McCain to be the swing vote he once was — operating against a presiden not of his own party. McCain isn’t immune to calls from prominent figures whom he admires, like Warren Buffett, who has likened the economic crisis to Pearl Harbor.

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